Calculate the correlation coefficient

Assignment Help Finance Basics
Reference no: EM131173472

Part I

Calculate the correlation coefficient between each of the independent variables and the variable-diabetes. What does this value tell us about the relationship between each of the independent variables and diabetes?

Run a regression using diabetes as the dependent variable and smoking as the independent variable.

Is there a statistically significant relationship between poverty rates and diabetes? (Use the T-stat or P-value.) Explain.

Write out the regression line calculated using the data.

Interpret b1 (the slope coefficient).

Suppose a state raises the tobacco tax and the rate of smoking in the state falls from 21% to 18%. What would the decrease be in the rate of diabetes based on the regression results?

Part II

Suppose you work for a local hospital. Your manager requests that you use the CDC data on diabetes and smoking, obesity rate, physical activity, and poverty rate to present a compelling argument to the board regarding the importance of creating state initiatives to reduce diabetes rates. You must present statistical data in a written report to the board. Write an APA formatted paper, double spaced, 2-4 pages in length, with a cover page and references page addressing the following:

Include a minimum of four types of statistical tests to make your case. Examples include hypothesis tests, confidence intervals, correlations, regressions, etc. You may use statistical tests that you have completed in weeks 3 and 8 or develop your own.

Include a minimum of three graphs with your report. Examples include scatter plots, histograms, regression lines, box-plots, etc. You may use graphs that you have completed in weeks 3 and 8 or develop your own.

Write an essay using these statistics and graphs to make a convincing argument for the need to create an initiative to reduce the rate of diabetes. In your essay, explain the relationship between diabetes and obesity, smoking, physical activity, and poverty rates utilizing statistical data, tests, and graphs. Be sure to explain your results and how these results show there is a need to create an initiative to reduce the diabetes rates.

Reference no: EM131173472

Questions Cloud

Variables in a multiple regression equation : The Pearson correlation between X1 and Y is r = 0.50 and the correlation between X2 and Y is r = 0.20. How much variance for the Y scores is predicted by using both X1 and X2 as predictor variables in a multiple regression equation?
Money aggregates-federal reserve system-value of money : (Money Aggregates) What portion of U.S. Federal Reserve notes circulate outside the United States? How does this affect the United States? (The Value of Money) When the value of money was based on its gold content, new discoveries of gold were freque..
Explain the overall master budget in your submission : Explain your monthly master budget and the items included in it, and compare these planned items against what you spent on them last month. Explain the overall master budget in your submission.
Explain the importance of that law on the business world : Conduct some research on three federal laws that have had the most impact on the ethics of a business. You may use a credible source of your choosing to summarize your three laws. Explain each law and explain the importance of that law on the busi..
Calculate the correlation coefficient : Calculate the correlation coefficient between each of the independent variables and the variable-diabetes. What does this value tell us about the relationship between each of the independent variables and diabetes?
Motion in one dimension : Question: A car moves in a straight road. The velocity at point A is 50 km/hr, It presses the accelerator paddle and reach point B in 10 sec. The velocity ar point B is 100Km/hr Find the average acceleration of the car from point A to point B?
Evaluate product innovation at gillette : Evaluate product innovation at Gillette throughout its history. Has Gillette been a victim of its own success? Has product innovation in the wet-shaving market come to an end? Explain.
Create a rough budget based on what you believe revenues : In a 1-2 page Word document, use your business form to create a rough budget based on what you believe the costs and expected revenues should be for the business.
What is the probability that the entire shipment : A) What is the probability that the entire shipment shall be accepted? B) What is the probability that the entire shipment shall be rejected?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd